A WOMAN who was stressed out about debts and pressured by her creditors to pay up everyday jumped to her death at a high-rise building downtown Bangkok with her body only found 12 hours later today (Mar. 31), TV Channel 7 said. Pol. Lt. Col. Siriphong Lapanich, an inspector at Thong Lor police station,
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GSB provides soft loans to settle illicit debt
By Thai Newsroom Reporters THE GOVERNMENT SAVINGS BANK is offering soft loans which people can use for settlement of illicit debt but not for refinancing of their bank debt. The GSB is providing a maximum of 50,000 baht in soft loans with a maximum of five years in repayment term for customers who may
Read moreMany thousands so far assisted under anti-loan sharks campaign
By Thai Newsroom Reporters MANY THOUSANDS OF PEOPLE owing illicit debt have been so far successfully assisted under the government’s anti-loan sharks campaign, the Ministry of Interior’s undersecretary Sutthipong Chulcharoen confirmed today (Jan.26). Of a total of 15,005 illicitly indebted people who have so far filed with the authorities in all provinces of the
Read more‘Debt Settlement Market’ now extended to district level nationwide
By Thai Newsroom Reporters The GOVERNMENT’S “DEBT Settlement Market” campaign for people indebted to unlawful money lenders is being extended from provincial to district level nationwide. Interior Ministry Undersecretary Sutthipong Chulcharoen confirmed today (Jan.16) that the “Debt Settlement Market” which formally kicked off in all provinces on Sunday is now branching out to all
Read more‘Debt Settlement Market’ kicks off in all provinces
By Thai Newsroom Reporters THE GOVERNMENT-RUN “Debt Settlement Market” kicked off today (Jan.14) for people illicitly indebted to loan sharks in all provinces nationwide. The “Debt Settlement Market” is a venue set up in each of the country’s 77 provinces for the people to find ways and means to settle their informal debt owed
Read morePeople with illicit debt urged to get help with deadline now extended
By Thai Newsroom Reporters PEOPLE WHO MAY OWE illicit debt but hesitantly have not made official claims were today (Jan.7) reminded of the deadline which has been rescheduled for the end of next month. The Ministry of Interior’s undersecretary Sutthipong Chulcharoen said those who may be indebted to loan sharks but kept quiet or
Read moreMajority keeping mum about their loan shark debts
By Thai Newsroom Reporters THE TOTAL OF PEOPLE OWING illicit debts to loan sharks and yet keeping it a secret from the authorities is believed to outnumber those who have officially notified of it so far, according to Interior Ministry undersecretary Sutthipong Chulcharoen. The undersecretary said today (Dec.29) there are many more people who
Read moreNumber of people owing illicit debt now surpasses 100,000
By Thai Newsroom Reporters THE NUMBER OF PEOPLE indebted to loan sharks has now surpassed 100,000 over a three-week period, confirmed the Ministry of Interior’s undersecretary Sutthipong Chulcharoen today (Dec.21). A total of 105,482 people have so far claimed with the authorities to have a combined sum of 6.57 billion baht in illicit, informal
Read more71,000 people found so far to have 3.5 billion baht in debt to loan sharks
By Thai Newsroom Reporters AS MANY AS 71,000 people nationwide have been found so far to have a combined sum of 3.5 billion baht in illicit, informal debt owed to loan sharks, according to Prime Minister Srettha Thavisin. Presiding over today’s (Dec.8) official kick-off of the Pheu Thai-led government’s anti-loan sharks campaign, the prime
Read moreMany more people tipped to report loan shark debts
By Thai Newsroom Reporters MANY MORE PEOPLE in all parts of the country are ultimately expected to inform government officials of debt which they may owe to loan sharks sooner than later, said Deputy Prime Minister-cum-Interior Minister Anutin Charnvirakul today (Dec.4). Only about 40,000 people throughout the country have so far notified the authorities
Read morePheu Thai-led govt alleged of pushing mutually contradictory populist campaigns
By Thai Newsroom Reporters THE PHEU THAI-LED GOVERNMENT is putting forward mutually contradictory populist campaigns which will immensely increase public debt and compromise their financial and treasury disciplines, said an opposition MP today (Nov.30). Move Forward MP Nattapong Ruangpanyawudhi said the Pheu Thai-led coalition government plans to borrow a sum of 500 billion baht
Read morePM declares war against loan sharks
By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (Nov.28) declared war on loan sharks and vowed to salvage the people who may currently owe debt to them. Calling informal, illicit loans the masters of “Modern World Slavery”, the prime minister said the people nationwide are believed to have a combined sum of no
Read moreBrutal debt collectors slash man’s head over small loan
A MAN who borrowed 5,000 baht from a loan shark for a female friend who had to repay it with 20 percent interest at 250 baht a day for 24 days was slashed on his head twice by debt collectors after she missed two instalments, TV Channel 7 said today (Mar. 13) The unidentified
Read moreFishermen free three giant whale sharks
By Peeranut P., Sanook.com A FISHERMAN and his crew from Satun province safely released three huge whale sharks that had got entangled in their fishing nets after which they quickly swam off into the open sea, Sanook.com reported yesterday (June 30). Mr Navin Manakitsomboon or Tai Ball, 37, steersman of Por Chok Praphon 1 trawler
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